DELHI AVIATION FUEL FACILITY (P) LIMITED. Request for Proposal (RFP) FOR. Industrial All Risk Insurance (IAR)

Transcription

1 DELHI AVIATION FUEL FACILITY (P) LIMITED FOR Industrial All Risk Insurance (IAR) Page 1 of 7

2 TABLE OF CONTENTS Section Document description Page No. 1. Request for Proposal 3 2. Company Profile 4 3. Policy Requirement 5 Page 2 of 7

3 Section-1 REQUEST FOR PROPOSAL DAFFPL invites proposals from interested Insurance Companies to submit the proposal for insurance of various assets of company and ongoing projects inside and outside the IGI Airport on the terms and conditions contained in this RFP. The interested parties are advised to adhere to the following schedule for the purpose of this Request for Proposal and submit their queries, replies & quotations at details mentioned below: Date of issuance of Request for : 17 th June 2016 Proposal Last Date for submission of queries : 27 th June 2016 Reply to the queries/ clarification by : 28 th June 2016 the Employer and issuance of Addendum, if any Last date for Proposal submission : 2 nd July 2016, 18:00 hours NO PROPOSAL WILL BE CONSIDERED AFTER THE LAST DATE & TIME FOR PROPOSAL SUBMISSION Contact Details: For any further information about the company, please visit Further, for any updation, clarification and amendment, please visit our website on regular intervals. You can also contact at the following details: Mr. Tarun Sharma (Finance & Accounts) (O) tarun.sharma@daffpl.in Address: Aviation Fuelling Station, Shahbad Mohammad Pur, IGI Airport, New Delhi Page 3 of 7

4 Section-2 COMPANY PROFILE Delhi Aviation Fuel Facility Private Limited (DAFFPL) is a Joint Venture of two Fortune 500 companies namely Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL) and Delhi International Airport Private Limited (DIAL), a GMR group company. Turnover of DAFFPL for the year ended March 2016 is crore. Further details may be obtained from our website The primary objects of the company are: To design, develop, construct, manage, maintain, upgrade and operate the aviation fuel facility on BOOT (Build, Own, Operate and Transfer) basis at the Indira Gandhi International Airport, New Delhi and To establish and maintain fuel yards and fuel depots, hydrant system, fire system, rail siding, tank truck unloading facility, integration pipelines and other allied facilities for supply of aviation fuel to all types of aircraft on local, domestic and international flights including en-route navigation and other automobile services. Our aim is to provide adequate guarantee of uninterrupted, competitive, safe and secure flow of ATF to the Airport with international benchmark. We ensure a secure means of ATF supply for the operational life of the airport. Page 4 of 7

5 Policy Coverage: Section-3 POLICY REQUIREMENT A. Company intends to have a comprehensive Industrial All Risk (IAR) insurance policy including Terrorism risk for its assets (including dead stock of ATF) and operations at Shahbad Mohammad Pur and inside IGI Airport, New Delhi. The insurance cover should also include ongoing project of the company in & out side the IGI Airport. B. Industrial All Risk (IAR) Policy: All (non-marine) property of the company including but not limited to all permanent and temporary installations, mechanical, electrical and electronic equipments including ATF Tanks, Fire Water Tanks, Pumps, Filtration system, D.G. Set, Pipeline System (including underground pipeline), Pit valves, Internal Piping, Spares, Valves, Underground and aboveground Hydrant system including Pit valves and accessories, ESB(s), Pit cleaning Vehicles and building including internal roads and other Civil Structure, SCADA System & Instrumentation and other automated panels & accessories, Office Equipments & Furniture and all other underground and aboveground operational assets, is covered under this policy. IAR policy shall cover all risk of physical loss or damage of property, machinery breakdown insurance (MBD), and operational business interruptions (FLOP). It shall not include Machinery business interruption (MLOP). Further, following Add-on covers will be the part of comprehensive Industrial All Risk (IAR) insurance policy, required by the company: Property Damage: a. Earthquake (Fire & Shock) including Tsunami and other natural calamities b. Architects, Surveyors and consulting engineers fees up to 7.50% of the TSI c. Designation of Property clause d. Reinstatement value clause e. 15% underinsurance to be covered without condition of average f. Works during policy period : Rs 2 crore in aggregate (once construction work is completed, to be automatically included under the operational policy seamlessly) g. Inadvertent omission: Rs 1 Crore in aggregate h. Loss minimization/ Loss prevention expenses Actual i. Obsolete equipment clause j. Removal of debris k. Express air and sea freight l. Decontamination and cost of clean up expenses m. Seventy two hours clause for windstorm, earthquake, flood n. Expediting expenses including overtime and night works and air freight Rs 10 Lakh o. Temporary removal of machinery(s) up to 60 days p. Immediate Relied clause q. Deliberate Damage clause r. Civil authorities/ local authorities Business Interruption: s. Auditor s clause fees upto 10 lacs t. Return of Premium Page 5 of 7

6 u. Extension of cover loss due to accidental failure of Electricity / Public utilities for the entire sum insured v. Alternative basis clause w. Additional increased cost of working x. Civil authorities/ local authorities y. Any other provisions C. All risk policy cover for company s laptops & mobiles. Policy Period: July 14, :00 hours to July 13, :59 hours Policy Value: I. Property Damage Cover : Rs Crore (Detailed break-up as follows) Particulars Amount (Rs in crore) Building (including other civil structure) 6.91 All permanent and temporary installations, mechanical, electrical and electronic equipments and all other operational assets Dead stock of ATF in Tanks, Hydrant system and internal pipelines at Shahbad Mohamad Pur & inside IGI Airport Total (in crore) II. Business Interruption Cover: Rs crore (Indemnity period of 12 months) III. Laptop/computers (38 numbers) & Mobile cover: Rs lacs Site / Location: Shahbad Mohamad Pur, IGI Airport, New Delhi Terminal -3, Terminal -2, Cargo, IGI Airport, New Delhi Any other project site and assets at third party location * Description of assets: ATF Tanks, Fire Water Tanks, Pumps, Filtration system, D.G. Set, Pipeline System, Pit valves, Internal Piping (including underground and aboveground), Spares, Valves, Hydrant system (including underground and aboveground) including Pit valves and accessories, ESB(s), Pit cleaning Vehicles, Air Conditioners, Computers, SCADA System & Instrumentation and other automated panels & accessories, Building and other Civil Structure, Office Equipments & Furniture and all other underground and aboveground operational assets. Other terms & conditions: a. For insurance purpose value of assets are restated considering cost inflation indexing method. The insurance policies consider the restated value for all purpose. b. The commercial offer shall state insurance premium amount and any applicable taxes separately. Page 6 of 7

7 c. One undertaking/no deviation confirmation should be submitted along with the price quote. d. Insurance company should clearly mention the list of exclusion and deductible under various heads in case of IAR policy. e. AAI & DIAL will be the co-beneficiary of the policy. In case of insurance of ATF, Commissioner of Customs will also be the co-beneficiary. f. For better understanding of the risk coverage and other things, the company may visit the facility, with prior appointment. g. Any additions/deletion to value of property is in proportionate to time and value of the premium under this policy. h. Claims made by the company against insurance cover(s) NIL (from the date of inspection i.e. July 2010 till date). i. Price quote should be submitted in the sealed envelope only. No commercial should be offered through mail. Page 7 of 7